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20121222
20121230
Search Results 0 to 20 of about 21 (some duplicates have been removed)
. volatility was a big deal in 2011. in 2012, not so much - until now. dan deming of stutland equities joins us this morning for chart talk. hi dan. what's happening with the vix? > > hey chuck. you are certainly seeing some strength there, some concerns as we roll toward the end of the year with no deal out of washington. you are seeing some vol buyers enter the market on a daily basis now. even though we have seen the market down the last five days after reaching a peak in the s&p of 1447. it is not down significantly, yet we are still seeing pretty active vol buyers, and you are seeing the vix up around that 19.5 level - it has not been there since july of this year. > we also had a quadruple witching day which has now passed. i expect that probably factored in a little bit. but do you expect less volatility now? > > actually it is hard to say. i think there are still going to be concerns as we roll in toward the beginning of the year. if there is no deal, i think you are going to continue to see vol buyers into january, because the expectations are the s&p could slip significantly if nothin
. >> "closing bell" exchange, dan greenhouse, cnbc contributor, we've got todd schoenberger from land coal capital, rick santelli, steve guilfoyle on the floor of the exchange with us as well. let's see. let's start with you, mr. grinch. you sell on any strengths, even now, even if we get a deal? >> well, fundamental analysis is thrown out the window. this obviously is a headline-driven market. any time you're hearing about something that's going to take place, any hint at any type of negotiation, any type of a deal, the markets tend to respond. right now i think the markets are calling their bluff right now. we're not expecting a lot out of what's taking place in washington at this moment. here's a thing, guys. even if there is a deal, it's going to be tough. you'll have a knee jerk reaction. markets should be rallying, might be a great opportunity to sell into strength, because when you look behind the curtain of any deal that's going to happen, it's going to be remarkably bad for the economy. >> austerity on the way. >> absolutely. >> whatever we're looking at. >> talking about spending
guest host, contributor dan greenhouse, a chief global strategist with btig. he's going to be with us throughout the program. and merry christmas. and -- >> same you to, as well, sir. and other holiday greetings. >> we don't pay you a lot for cnbc contributor, do we -- did we order you to be here? >> i'm contracturally obligated to not specify anything. >> not specify anything? here at 5:30 and all the way to 9:00. >> i knew that there would be trouble this morning. i got myself seated -- >> good. we'll squeeze you for everything you're worth. we needed a big name. >> big name. we got one. >> it day after -- for december 26. >> you're too kind. >> then here you are. >> here he is. >> what did you get? anything good? >> i have -- >> switch, lump of coal? >> he's a hanukkah guy. >> a lump of coal -- yes, but a lump of coal at some point probably worth something. tet rate we're going. >> that's right. you're -- no tree? >> i want a tree, my wife says they're too messy. >> the trees are messy. >> the needs needles -- >> you have the festivus pole. >> grievances -- >> you better go, sorry.
to talk to us dan greenhaus, you are, if i understand it, a fiscal cliff stock bear. >> yes. give or take, yes. >> and why? >> well, i think it's pretty clear you're talking about -- well, our best case scenario has been we're going off the cliff. we said that the day after the election, we standby it today. if you do that, you're talking about the largest tax increase in our country's history, a considerable amount of spending cuts, and in the short-term, probably hit the stock prices on the order of 10%. >> if i give you a cliff deal. okay. i'm going to give you a cliff deal for middle class extensions, 250,000, you're right the top rates will go up. but if you get that deal in january, that does save us from the recession scenario, the really deep gloom scenario. >> this is the big debate. our view has been if you get a deal fairly quickly in the new year, it's hardly the end of the world. the question really or the debate really accelerates if you start getting closer to january 15th or ultimately the inauguration. do you do more serious damage to the economy that makes it more diffic
to pull their cash savings out to pay for higher taxes. here now is dan geller, executive vice president of market rates insight. dan, good to have you here. walk me through this math. you're saying the average american is going to put 54% less into savings this year because if we go over the fiscal cliff? explain. >> yeah. let's go back, michelle because the amount of taxation on an average household is effort mated at $2600, and right now the average savings -- bank savings per household is $5,000. so, yes, this would reduce the amount available for savings by more than half. >> when taxes have gone down, have you seen a subsequent rise in savings and what people put away? >> absolutely. this is the analysis that they did, they compared the two before the tax cuts and after the tax cuts and we saw two things, overall deposits in banks doubled during the tax cut period since 2001 from $4 trillion to $8 trillion. so there was a doubling of the amount of money that consumers deposited in banks and on the levels, as i mentioned before increased from about $2500 a year average to about $5,0
for any news. ashley: dan at the cme. dan, i want to talk gold. it's interesting, gold down eight or nine bucks on the day, and you think it's a safe haven play, but is it the profit takers trying to get ahead of higher tax rates to pay? >> it's possible, but i believe people think there's no grand bargain here. if they come to grips with a plan, the plan they talked about is tax rates. obviously, that's good, a nice headline, but that doesn't stop the sequestering io themes in play. if they are in play, that's deflationary, and that's why commodities are challenged lately. unless there's a good deal, gold will go down further. ashley: interesting. copper, silver, platinum, palladium, down across the board, isn't it? >> oh, for sure. none of the things we talked about, there's rumors now that maybe there could be some of the defense cuts spending in the sequestered items, but until now, no discussion at all about what happens to the other things other than income tax rates, and that's deflationary. good point. allen harry, seems to me, talk oil, allen, fluxuating, and we had a report that
today. connecticut's governor, dan malloy, state's lieutenant governor and other local officials gathered in newtown's town hall. bells from a nearby church rang 25 times in memory of each life lost. the fifth straight day for the victims of last week's massacre. >>> the national rifle association chose today to make its first public comment, laying out its plan to keep america's schoolchildren out of harm's way. their answer? armed guards in schools all across the country. fox news chief washington correspondent jas rosen joins us now for the report. james? >> lou, good evening. wayne laperriere, the executive vice president of the national rifle association cited the presence of armed and trained security officers at banks, courthouses,power plants, defense installations as well as the firearms that are carried by secret service and capitol police to protect the president and you al our lawmakers. >> what if, when adam lanza started shooting his way into sandy hook elementary school last friday, he had been confronted by qualified, armed security? we would at least admit it's p
? >> caller: washington redskins booyah p rg3 nation stand up. >> dan snooid ser your owner. have you thought about that at all? >> caller: i have a quick question. >> sure. >> caller: when the market is overbought, should i go for the long-term? >> when it's overbought, my own rule is that plus five, if we're very overbought, hey, take a pass. another time will come. however, you can get started small and hope it comes back if you just can't resist. sam in ohio. sam. >> caller: hey, jim. big glass city booyah to you. >> loving it what's up? >> caller: i got a question. i've been looking at a couple utility stocks, going with preferred instead of the common shares. i wanted to get your opinion on -- >> no, come on, man, we want upside. a lot of these utilities should have to be fabulous growth stocks, particularly in a growth economy. let's just open them outride, we'll do just fine. of course i want you in in market for the long run. you can't beat those high streakly traders. give me a break. i want long-term investing but that does not mean buy and forget. for the long haul, do not throw o
at sandy hook elementary. they are hoping their message is heard at the nation's dan tal. >>> more than 30,000 people have called a petition for piers morgan to be deported. this started after he called a man unbelievably stupid after the shooting. he said if i do get deported for wanting few gun murderers, many continues will have me. >>> how is the traffic, tara? >> we should be returning back to normal. on the peninsula, skyline boulevard at sweat road. we have a fallen tree brocking the rad by -- blocking the roadway here. it will take a while to clear. they have to bring the wood chipper in. highway 237, traffic westbound, normally backed up at sunnyvale. but this christmas eve day we're luckily experiencing no problems. >>> on the bay bridge, traffic is looking great into san francisco right now. >>> 7:49. let's head over to rosemary. >>> actually, we'll take it over from here. changes could be coming to a city known for its high crime. why richmond says other cities are starting to surpass their crime rate. >>> and why the dungeonness -- the dunges in crab season -- dungeness crab s
. joining us now is dan henninger from the wawr wall street journ. does he want to go over the fiscal cliff? some are saying he needs more than he would just get from the rich guys. >> i doubt that he wants to go over the cliff. and i must say, president obama has repeatedly referred to himself as the unique politician, he's different than everyone. there is no politician i know would want to get into a situation like this. and barack obama marchs to his own drummer and it's possible, but i kind of doubt it. >> you wrote a piece in the wall street journal, called "no guardrails", you said the old society kept the politicians in order in washington, self-order and self-restraint. all of those disappeared as a result of the "me" generation and you say that obama is the epitome of a the "me" generation president that he sees things from his perspective and won't bend. >> the original metafor, you do have guardrails on a highway, people drive 75 miles per hour and occasionally someone gets out of control and drives too fast and you don't want them going over the cliff so to speak, you want to p
sanity, your 401(k)? joining us is president and ceo of shaver asset management dan shaffer. good to have you on this friday, big day for the market. all these talks, i noticed movement in bond prices. in the currency market, what is your technical analysis telling you about these? >> the setup seems to be there is winding of speculation. i follow the commitment of traders report every friday afternoon by the cftc and the government and tell you who is on what side of the market so we're looking at speculator is being more of the bullish crowd where commercials or hedgers and these are the traders that are not neutral. they are not speculating. they hold on the other side the other side of the trade in the cash market so we are looking at the currency market in particular, they are setting up for a strong u.s. dollar rally where they are heavily short of the british pound and the australian dollar and swiss franc, getting some movement. shibani: it is clear it is a set up but what is the cat was to cash in on this? >> the catalyst no matter what the response is out of washington with the
. i got this for all my guys in the company. the guy who runs my d.c. office, dan clifton. this is fiscal clifton world tour. and all the places where he was, various and sundry places -- >> who is that band? >> this is k.i.s.s. and my partner -- >> we've got to go. jason, thank you for all of this. we appreciate it very much. join us on wednesday. happy holidays. "squawk on the street" starts right now. >> can't wait to see what jason got us here. welcome to "squawk on the street" on this final trading day before christmas. i'm carl, with melissa lee, david faber at the nyse. the new york stock exchange and nasdaq closing at 1:00 p.m. eastern time. the futures, a little bit of weakness here which we'll talk about in a minute, after it comes after a pretty bad day on friday. the european markets closed for the christmas eve holidays. london, paris, spain have each completed shortened sessions in light of the christmas holiday as well. the friday sell-off, only five trading days are left in the year. is the market getting used to the idea that a fiscal cliff solution will n
will go into overdrive in the new year. . >> joining us now is dan dickert. you just said palladium. that's a big pick for you? >> i was surprised that sharon spoke about palladium. it was my sleeper bet for 2013. >> what's going on with palladium? >> it's a real industrial metal. it's in short supply. it's undertraded, underowned and one of those industrial metals. it's one of those sleeper metal plays that you can make. used in vehicles? >> in the cat converters. that's the main use for them. there's a real shortage that's been going on in palladium. >> look into the crystal ball. give us an oil price if you came back here a year from today. >> this is the toughest one ever. this is the third year i've conpredictions for you twice. it's not so bad. >> you said it would fluctuate? >> there was one guy who said it would rachet between $130 and $160. i said you have to do better than that so i will do better than that. i think that the trend is in place and we'll get a higher low every year since the recovery in 2009. >> a higher low? >> a higher low. so you will not see anything below $78
Search Results 0 to 20 of about 21 (some duplicates have been removed)